Amazon on Macmillan eBook Prices: "Ultimately, however, we will have to capitulate"

In a post in the Kindle forums Amazon (AMZN) has written a statement with three dramatic points. The company admits they have stopped directly selling Macmillan books, will “capitulate” to Macmillan’s prices, and finally, believes customers will decide it the prices are “reasonable.”

The full text is included below, but here is the key statement that lays out the publishing industry’s debate: “Amazon customers will at that point decide for themselves whether they believe it’s reasonable to pay $14.99

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